Good question! In our proposal, in the first phase we plan to combine peer-to-peer and CDN to accelerate video delivery. Viewer can pull stream from either peers or CDN edge servers depending on which one has better quality. Hence more peering nodes will always lead to higher quality.

Yes blockchain plays the central role in our architecture -- the peering caching nodes acts similar to miners in Bitcoin/Ethereum. However, the block reward is not a constant. It depends on how much video relay work the caching node conducted. If a caching node relayed more video streams, when it mines a new block, it will get higher reward. This encourages the caching nodes to perform useful works (relaying video) besides mining new blocks.

good afternoon, and how does the "theta" want to work on it? how can the peer-to-peer process help deliver high-quality video? Do you intend to use the blockchain in any way on the project? If so, how?

Good question! First, Theta network encourages viewers to sharing their computers as caching relay nodes (somewhat similar to BitTorrent). In return they get Theta tokens as rewards. Viewers then can gift the theta tokens to the content creators. Advertising can also use Theta tokens to reward content creators. All these token transactions are direct transactions, video platforms in the middle don't take cuts. See the intro video below: